>... Mainstream analysts like Martin Wolf, Kenneth Rogoff, > Nouriel Roubini, etc. have been holding their collective breath, especially > since the Fed started raising interest rates in mid-2004. But investors > haven't yet followed suit because the good times are evidently still rolling > for them.
the thing about a bubble is that one can -- and must -- predict that it will pop or deflate, but one can _never_ predict when it will do so. -- Jim Devine / "There can be no real individual freedom in the presence of economic insecurity." -- Chester Bowles
